Sadly nothing about why Pat was forced out of Intel. Panther Lake is quite a good CPU and 14A looks like it'll be a competitive process. IMO, it vindicates the decisions that Pat made a few years ago and wasn't able to see through to completion.
"Designing microprocessors is like playing Russian roulette. You put a gun to your head, pull the trigger, and find out four years later if you blew your brains out." (Robert Palmer, former DEC CEO)
Sadly nothing about why Pat was forced out of Intel.
My speculation:
* Intel in 2019 had $72 billion in revenue and 110k employees. When he was fired in 2024, Intel had $54 billion in revenue and 124k employees. He also didn't cut dividend until 2024. He nearly put Intel into the grave in 3 years.
* Under Pat, Intel's roadmap was a mess. When you look at AMD's roadmap, it made a ton of sense, predictable, and there are rarely any delays or cancellations. When you looked at an Intel roadmap, expect 30% of them cancelled, 50% delayed by 1-2 quarters, and 30% switched to a different node tech.
* IFS strategy under Pat amounted to nothing. Fab cancellations or on hold. Cancelling 20A altogether. Not being able to woo any notable customers. Not hiring the right people for external customers. There were reports that he didn't know how to run an external fab, which is why the board decided to hire Lip Bu Tan who came from Cadence.
* He missed on AI boom, crypto boom, said AMD was in rear view mirror, politicized TSMC in order to win government grants while still still using TSMC codes themselves.
> Intel in 2019 had $72 billion in revenue and 110k employees. When he was fired in 2024, Intel had $54 billion in revenue and 124k employees. He also didn't cut dividend until 2024. He nearly put Intel into the grave in 3 years.
That is nonsense. Intel's problems were caused by falling behind TSMC, which was not the fault of Pat Gelsinger. Quite the contrary, he did a lot to turn things around, but this takes time, a lot more than three years.
Pat killed Intel’s share price. Should have paid more attention to the balance sheet. I thought he would eventually turn the company around but Intel was priced for bankruptcy.
Stock price has tripled since last August. Hopefully, Intel is really back. They do need a couple of Fab customers.
Was it Pat or Brian? If I recall correctly, it was under Brian when Intel had one of its worst periods of stagnation, when the 10 nm process all the bets were on turned out to be a non-starter, and when Meltdown and Spectre erupted. It's easy to overlook this because Intel had fairly no competition around then, but that doesn't mean the company was in a good shape.
I've always felt like Pat was a scapegoat who was chosen to clean up the mess when the whole place was already up in smoke and the smell was only starting to leak out. I liked his strategy, was disappointed to see him booted out.
I don't understand what you mean. Stock price has tripled since last August based on Intel finally having a competitive architecture and a competitive process again, no? At least that in combination with various geopolitical circumstances. Sounds like Pat's decision resulted in Intel's stock price rising?
I got to meet several of Intel senior management when Andy Grove was CEO, Gelsinger was CTO, and Avram Miller was CFO and a pioneer in corporate VC. Even somebody universally acclaimed as smart and hard-working as Lip-Bu Tan will find it impossible to capture the magic of a team like that.
Intel's current CEO was hired to explicitly not try to recapture that magic. The board thought Gelsinger's approach of do all the things was reckless. He was hired to take fewer risks, at the cost of putting a restoration of Intel's position in technology out of reach.
You probably met Intel management when they were booming in the old days. LBT was hired to replace Pat because the board needed someone who didn't have the rose colored glasses that old Intel management had and actually see Intel what it is today: losing in everything.
When LBT took over, Intel was on a path to bankruptcy. Although Pat wasn't solely responsible, he was financially reckless and failed to win any major customers for Intel's new IFS strategy.
Intel over the last 15 years missed the following booms:
* Mobile boom
* Missed on chiplets and allowed AMD to take the lead
* Missed on EUV transition
* Crypto mining boom
* AI chips boom (A huge reason was Pat Gelsinger backed Larrabee, an x86 GPU, and failed to compete against Nvidia)
* Missed storage boom by selling SSD/3D NAND division
* Missing local LLM boom by not having an Apple Silicon, Strix Halo competitor
* Now they're missing the fab boom by cancelling fabs a few years ago
Basically, if they reversed all their decisions in the last 15 years and invested wisely, they'd likely be worth 10x more today.
What a joke. Anthropic could just train a few more times on the Bible.
Matthew 22:36-40 (emphasis mine), "Master, which is the great commandment in the law?
Jesus said unto him, Thou shalt love the Lord thy God with all thy heart, and with all thy soul, and with all thy mind.
This is the first and great commandment.
And the second is like unto it, Thou shalt love thy neighbour as thyself.
On these two commandments hang all the law and the prophets."
Note the "as thyself" part. This part counters people who want to interpret "love" as "romantic love". Unfortunately, Catholic priests and many (fake?) Christians seem to not care about the "as thyself" part.
Sadly nothing about why Pat was forced out of Intel. Panther Lake is quite a good CPU and 14A looks like it'll be a competitive process. IMO, it vindicates the decisions that Pat made a few years ago and wasn't able to see through to completion.
"Designing microprocessors is like playing Russian roulette. You put a gun to your head, pull the trigger, and find out four years later if you blew your brains out." (Robert Palmer, former DEC CEO)
My speculation:
* Intel in 2019 had $72 billion in revenue and 110k employees. When he was fired in 2024, Intel had $54 billion in revenue and 124k employees. He also didn't cut dividend until 2024. He nearly put Intel into the grave in 3 years.
* Under Pat, Intel's roadmap was a mess. When you look at AMD's roadmap, it made a ton of sense, predictable, and there are rarely any delays or cancellations. When you looked at an Intel roadmap, expect 30% of them cancelled, 50% delayed by 1-2 quarters, and 30% switched to a different node tech.
* IFS strategy under Pat amounted to nothing. Fab cancellations or on hold. Cancelling 20A altogether. Not being able to woo any notable customers. Not hiring the right people for external customers. There were reports that he didn't know how to run an external fab, which is why the board decided to hire Lip Bu Tan who came from Cadence.
* He missed on AI boom, crypto boom, said AMD was in rear view mirror, politicized TSMC in order to win government grants while still still using TSMC codes themselves.
> Intel in 2019 had $72 billion in revenue and 110k employees. When he was fired in 2024, Intel had $54 billion in revenue and 124k employees. He also didn't cut dividend until 2024. He nearly put Intel into the grave in 3 years.
That is nonsense. Intel's problems were caused by falling behind TSMC, which was not the fault of Pat Gelsinger. Quite the contrary, he did a lot to turn things around, but this takes time, a lot more than three years.
me personally, I wouldn't bet against companies like Intel that have full government banking.
soon or later they were gonna turn things around with military precision specially with DOD, Intelligence folks giving advice.
Pat killed Intel’s share price. Should have paid more attention to the balance sheet. I thought he would eventually turn the company around but Intel was priced for bankruptcy.
Stock price has tripled since last August. Hopefully, Intel is really back. They do need a couple of Fab customers.
Was it Pat or Brian? If I recall correctly, it was under Brian when Intel had one of its worst periods of stagnation, when the 10 nm process all the bets were on turned out to be a non-starter, and when Meltdown and Spectre erupted. It's easy to overlook this because Intel had fairly no competition around then, but that doesn't mean the company was in a good shape.
I've always felt like Pat was a scapegoat who was chosen to clean up the mess when the whole place was already up in smoke and the smell was only starting to leak out. I liked his strategy, was disappointed to see him booted out.
I don't understand what you mean. Stock price has tripled since last August based on Intel finally having a competitive architecture and a competitive process again, no? At least that in combination with various geopolitical circumstances. Sounds like Pat's decision resulted in Intel's stock price rising?
I got to meet several of Intel senior management when Andy Grove was CEO, Gelsinger was CTO, and Avram Miller was CFO and a pioneer in corporate VC. Even somebody universally acclaimed as smart and hard-working as Lip-Bu Tan will find it impossible to capture the magic of a team like that.
Intel's current CEO was hired to explicitly not try to recapture that magic. The board thought Gelsinger's approach of do all the things was reckless. He was hired to take fewer risks, at the cost of putting a restoration of Intel's position in technology out of reach.
You probably met Intel management when they were booming in the old days. LBT was hired to replace Pat because the board needed someone who didn't have the rose colored glasses that old Intel management had and actually see Intel what it is today: losing in everything.
When LBT took over, Intel was on a path to bankruptcy. Although Pat wasn't solely responsible, he was financially reckless and failed to win any major customers for Intel's new IFS strategy.
Intel over the last 15 years missed the following booms:
* Mobile boom
* Missed on chiplets and allowed AMD to take the lead
* Missed on EUV transition
* Crypto mining boom
* AI chips boom (A huge reason was Pat Gelsinger backed Larrabee, an x86 GPU, and failed to compete against Nvidia)
* Missed storage boom by selling SSD/3D NAND division
* Missing local LLM boom by not having an Apple Silicon, Strix Halo competitor
* Now they're missing the fab boom by cancelling fabs a few years ago
Basically, if they reversed all their decisions in the last 15 years and invested wisely, they'd likely be worth 10x more today.
I'm surprised that his fascination with "Christian AI" and the end of the world didn't come up.
https://news.ycombinator.com/item?id=45740664
Speaking of that, Anthropic is getting priests to try and teach Claude ethics
Who's going to teach the Catholic priests ethics?
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What a joke. Anthropic could just train a few more times on the Bible.
Matthew 22:36-40 (emphasis mine), "Master, which is the great commandment in the law? Jesus said unto him, Thou shalt love the Lord thy God with all thy heart, and with all thy soul, and with all thy mind. This is the first and great commandment. And the second is like unto it, Thou shalt love thy neighbour as thyself. On these two commandments hang all the law and the prophets."
Note the "as thyself" part. This part counters people who want to interpret "love" as "romantic love". Unfortunately, Catholic priests and many (fake?) Christians seem to not care about the "as thyself" part.
1 reply →
Youtube version, with pushup contest: https://www.youtube.com/watch?v=SauujHpNpXY
For anyone reading. Gelsinger won the contest. He took ~42 pushups.
I thought it was extremely strange that he posted so much religious stuff from official Intel accounts.
Source? I've only seen him post religious stuff on his personal social media.
If you are the CEO of Intel then posting from your personal account is the same thing - you are the CEO - it's not private.
This is just scratching the surface - his religious posts went on and on and on whilst he was Intel CEO.
https://gizmodo.com/things-are-so-bad-at-intel-that-the-boss...
https://www.indiatoday.in/technology/news/story/intel-facing...
https://www.reddit.com/r/intel/comments/1hb1imh/former_intel...
https://x.com/PGelsinger/status/1891069258953576711
https://x.com/dylan522p/status/1820503612591919375
https://x.com/dylan522p/status/1701081984943227367
https://x.com/PGelsinger/status/1820129317122080977
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why is that the most important thing to comment about?
Because religion should not mix with business.
CEO's should be sufficiently self aware to understand that they should not be foisting their beliefs on the company and their employees and customers.
Being unable to recognize that is a very bad tell about a persons judgement.
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